MILWAUKEE, WI – Bank On Greater Milwaukee (BOGM) celebrated their two-year anniversary with a virtual awards ceremony that recognized six local entities for their efforts to improve the overall financial health of the Milwaukee community. A program of the Urban Economic Development Association of Wisconsin (UEDA), Bank On Greater Milwaukee belongs to a nation-wide network of
Fees from check-cashing services siphoned off $66 million from the first round of stimulus money Americans received last year to help weather the financial upheaval caused by the global pandemic. Most Americans got $1,200 when Congress passed the CARES or Coronavirus Aid, Relief, and Economic Security Act. But a report by the Financial Health Network estimated nearly 10% of recipients who received paper checks — instead of a direct deposit
MILWAUKEE, WI – Accounts at Equitable Bank, First Federal Bank, PNC Bank, and Summit Credit Union have been officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the 2021-2022 Bank On National Account Standards (NAS), bringing the number of NAS certified accounts in the Milwaukee area to eleven. The national safe account standards, co-created by consumer advocates,
Bank On Greater Milwaukee is encouraging Milwaukee-area residents to open a Bank On certified account to have a safe place to deposit economic impact payments, unemployment incomes and tax refunds. Account holders can access mobile banking, direct deposit, bill pay, ATM’s and more through area banks and credit unions they are already familiar with. See